Talent management is not as simple
as it sounds. If attracting talent is
half of the battle in today’s
competitive market, the other half
is keeping them. As digital
acceleration and ‘war for talent’
have increased the need to retain
good performers, talent
management has become more
crucial than ever for organizations.
As Harvard Business Review
observed, rather than spending
billions to acquire talent, a better
approach is investing in the talent
that’s already in place.
However, most organizations do not
know how to recognize and retain
them. A company’s ability to hold
on to its top talent — especially in
tight hiring markets — has huge
implications on its ability to operate
at a high level.